Dai-Ichi Kangyo Bank Building

Off-Market

770 Wilshire Blvd, Los Angeles, CA 90017

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 100,174 SF
  • Lot Size 0.32 Acre
  • Parking Spaces Avail. 90
  • Parking Ratio 0.90 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1972

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 24 Jun, 2005
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Los Angeles

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Los Angeles Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $46.17
  • 2021 Office Vacancy Rate 16.53%
  • 2021 Office Completions (SF) 1,315,654

Los Angeles Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $484.38
  • Y-o-Y Avg. PpSF Change 6.84%
  • 2021 Office Sales Volume $479.9M
  • 2021 Number of Transactions 15
View more Los Angeles market trends

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    85/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Downtown Los Angeles
  • Zip Code 90017
  • Market Los Angeles

Points of Interest

  • 7th Street/Metro Center

    0.04 miles

  • Pershing Square

    0.36 miles

  • Pershing Square

    0.44 miles

  • Civic Center/Grand Park

    0.73 miles

  • Pico

    0.74 miles

  • Westlake/MacArthur Park

    1.14 miles

  • Grand/LATTC

    1.27 miles

  • Union Station

    1.42 miles

  • Los Angeles Union Station

    1.44 miles

  • San Pedro Street

    1.52 miles

  • Shell

    0.45 miles

  • 76

    0.77 miles

  • Chevron

    1.09 miles

  • Valero

    1.27 miles

  • Chevron

    1.36 miles

  • Chevron

    1.41 miles

  • Chrevron

    1.48 miles

  • Shell

    1.56 miles

  • Shell

    1.58 miles

  • Arco

    1.59 miles

  • PacMutual Parking Garage

    0.22 miles

  • Westin Bonaventure Hotel Parking Garage

    0.24 miles

  • 444 South Flower Parking Garage

    0.26 miles

  • FIGat7th

    0.27 miles

  • City National Plaza Parking Garage

    0.29 miles

  • 400 South Hope Parking Garage

    0.31 miles

  • The Metropolitan Apartments Parking Garage

    0.36 miles

  • 333 South Hope Parking Garage

    0.36 miles

  • Wells Fargo Center Parking Garage

    0.42 miles

  • Dillingham lot

    0.45 miles

  • Sheraton Grand Los Angeles

    0.09 miles

  • The Standard

    0.10 miles

  • InterContinental Los Angeles Downtown

    0.14 miles

  • Hilton Checkers

    0.18 miles

  • The Wayfarer

    0.20 miles

  • Hotel Per La

    0.20 miles

  • O Hotel

    0.21 miles

  • Millennium Biltmore Hotel

    0.24 miles

  • Westin Bonaventure

    0.28 miles

  • Stillwell

    0.29 miles

  • The Counter

    0.03 miles

  • Flame Broiler

    0.04 miles

  • Big Mama's & Papa's Pizzeria

    0.04 miles

  • 10e

    0.05 miles

  • Takami Sushi & Robata

    0.06 miles

  • Wokcano

    0.06 miles

  • Joey DTLA

    0.07 miles

  • DISTRICT

    0.07 miles

  • Daily Grill

    0.08 miles

  • Qwench

    0.08 miles

  • Golden Gate University

    0.15 miles

  • Fashion Institute of Design and Marketing

    0.35 miles

  • Fashion Institute of Design & Merchandising

    0.36 miles

  • L A Barber College

    0.46 miles

  • Bishop Johnson College of Nursing

    0.48 miles

  • UCLA Extension Downtown Los Angeles

    0.52 miles

  • Colburn School of Performing Arts

    0.58 miles

  • Miguel Contreras Learning Complex

    0.68 miles

  • Evelyn Thurman Gratts Elementary School

    0.68 miles

  • John H. Liechty Middle School

    0.75 miles

  • HIC Daycare

    2.22 miles

  • Ralph M. Parsons Preschool

    3.13 miles

  • Gates Early Education Center

    3.44 miles

  • Neighborhood Nursery School

    3.82 miles

  • Komitas

    3.93 miles

  • Vernon Adult Day Program

    4.61 miles

  • Vine Street Early Education Center

    4.86 miles

  • Centro de Ninos

    5.63 miles

  • Play Mountain Place

    6.87 miles

  • Valentina's Preschool

    6.95 miles

Frequently Asked Questions

What is the total square footage of Dai-Ichi Kangyo Bank Building?

Dai-Ichi Kangyo Bank Building totals 100,174 square feet.

When was this property built?

Dai-Ichi Kangyo Bank Building was built in 1972.

When was Dai-Ichi Kangyo Bank Building last sold?

Dai-Ichi Kangyo Bank Building was last sold on 24 Jun, 2005.

What is the market value for Dai-Ichi Kangyo Bank Building?

The market value* for Dai-Ichi Kangyo Bank Building in 2022-2023 was $2,862,687.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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